OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 2,500 Shares of Ross Stores, Inc. $ROST

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in Ross Stores, Inc. (NASDAQ:ROST) by 33.3% during the fourth quarter, Holdings Channel reports. The firm owned 5,000 shares of the apparel retailer’s stock after selling 2,500 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ross Stores were worth $901,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Woodline Partners LP raised its stake in Ross Stores by 39.9% during the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after buying an additional 7,951 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Ross Stores by 23.5% in the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after buying an additional 117 shares during the period. NewEdge Advisors LLC boosted its position in Ross Stores by 35.8% during the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock valued at $1,350,000 after acquiring an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in Ross Stores by 1.0% during the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock valued at $19,200,000 after acquiring an additional 1,508 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in Ross Stores by 2.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock worth $1,605,000 after acquiring an additional 265 shares during the period. 86.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ROST. Zacks Research raised Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. Telsey Advisory Group upped their target price on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $270.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. Finally, Guggenheim restated a “buy” rating and set a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Ross Stores has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Insider Buying and Selling

In related news, COO Michael J. Hartshorn sold 15,813 shares of Ross Stores stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the sale, the chief operating officer owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the sale, the chief marketing officer owned 104,648 shares of the company’s stock, valued at $22,331,883.20. This trade represents a 5.00% decrease in their position. The SEC filing for this sale provides additional information. 2.10% of the stock is owned by corporate insiders.

Ross Stores Price Performance

ROST stock opened at $232.80 on Friday. The stock has a market capitalization of $74.68 billion, a PE ratio of 32.51, a price-to-earnings-growth ratio of 2.61 and a beta of 0.86. The company’s 50-day moving average is $226.33 and its 200-day moving average is $206.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. Ross Stores, Inc. has a 1 year low of $124.49 and a 1 year high of $242.81.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the company posted $1.47 EPS. The firm’s revenue was up 20.6% compared to the same quarter last year. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS. Equities research analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. Ross Stores’s payout ratio is currently 24.86%.

Ross Stores Company Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off?price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand?name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.